1099-C Form for discharged debt

Debts don't pass through from a Sub-S corporation to the shareholders, only income and losses do. But I think this is a theoretical question,...

My husband claimed chapter 13 and we foreclosed on a home with a second mortgage during that time. He was discharged in nov..

If you signed the promissory note for the second mortgage, you are still liable. This is basic law, so you either misunderstood your lawyer or your...

When do I file proof of claim for student loan?

I'm appalled at the bad answers to this question. If you want the student loan lender to be paid during the plan, someone has to file a proof of...

Selected as the best answer

Unfair Chapter 13 plan - I need some advice with my case to see if I have grounds to go after my attorney.

"Not feasible" is the trustee's conclusion based on something else. What facts did the trustee allege make your plan unfeasible all of a sudden?...

Chapter 13 Dismissal

"If and when the court dismissed" -- these words don't go together. The other attorneys answered the question "assuming the court dismissed." If...

Is it possible to go through the bankruptcy process if you do not have a permanent job and only work temporary jobs (these jobs

This sounds pretty typical for a lot of chapter 7 debtors where I practice. When you prepare your petition, you need to do your best to estimate...

Generally, I'd say it's better to file first because that will prevent the creditor from causing you grief by garnishing your wages, freezing your...

I live with my son and I have defaulted on some credit cards. Because we live at the same address can they freeze his bank

I'm sure you understood that your son is not liable for your debts just because you live at the same address, so there must be some other reason...

Filing ch13-Are we able to add a repayment on a 401k loan?

If your plan payment is being controlled by B22C, it must be the case that you are above median income. You should, therefore, have hired an...

Bankruptcy, can I file

I won't get into a discussion of what information you need to provide to your case trustee (which may or may not include your 2007 tax return,...